Industry retreat deepens as demand shrinks in early February
Industry activity across major sectors declined further in the week ending Feb 5 as orders fell and production slowed. Steel usage dropped to 30.5 percent capacity, rail and motor industries reduced output, and unemployment rose while construction and retail trade showed little optimism. Electric power and telecom activity faded slightly, with accessions in service at Bell system rising in January.
MENTIONED IN THIS ARTICLE
Thomas RB. Flanagan Shington
Ustry
Associated Press
Tment
American Iron and Steel Institute
Ward
Association of American Railroads
Edison Electric Institute
American Telephone & Telegraph Co
Bell System
New York Stock Exchange
Waste Of National Income Deplored By Babson
Babson argues America wastes about 25 billion dollars yearly. He contends cutting waste could lift living standards, reduce taxes, lower debt, and fund housing clothing and healthy foods. He suggests a penalties system to curb waste and boost useful production.
MENTIONED IN THIS ARTICLE
Babson
Roger W. Babson
Babson Park
Florida
America
Wasteful national spending and saving car fuel
The piece outlines waste in government and personal spending totalling billions and argues reducing fuel waste can redirect funds to food, clothing, and shelter. It promotes a public effort to cut gasoline waste, improve engine efficiency, and urges readers to adopt eight car checks to save money and stretch fuel.
MENTIONED IN THIS ARTICLE
United States
Canada
Pilot Life reports excellent year at 35th stockholders meeting
Emry C. Green announced record in force assets and paid business for Pilot Life Insurance in 1987 at Greensboro meeting. Total insurance in force reached 126 million, up 9 percent. 1937 sales hit 36.9 million, up 14 percent over 1936. Assets rose 1.6 million. premium income set a new high.
MENTIONED IN THIS ARTICLE
Emry C. Green
Pilot Life Insurance Company
Greensboro
Green
C. Elmer Leak
A. W. MedAlister
Julian Price
Ralph C. Price
Julius C. Smith
Mr. Green
A. W. McAlister
H. F. Starr
W. L. Sharpe
J. W. Carson
J.M. Waddell
F. C. Willis
C. H. Benson
W. B. Clement
Industrial Department
Civitan Convention Set for Rockingham NC April 20
Civitan clubs from North and South Carolina plan their annual convention in Rockingham on April 20. Asphalt gains prominence in U S foreign trade. Over the last 14 years twenty six thousand four hundred seventy five new passenger cars have been added to Class 1 railroads nationwide.
MENTIONED IN THIS ARTICLE
Civitans
Rockingham
N. C
Civitan Clubs of
North and
South Carolina
United States
New Deal to Improve Efficiency and Prosperity
The speaker argues for constructive Washington policies that promote efficient use of resources and practical customer guidance. A New Deal approach would reduce debts, boost employment, lower taxes, and deliver genuine prosperity rather than a pretended one from the prior year.
MENTIONED IN THIS ARTICLE
Washington
Germany Seeks Real Peace While Demanding Security
German ambassador Dr. Hans Heinrich Dieckhoff told a Philadelphia Foreign Policy Association luncheon that Germany aims for real peace but requires political appeasement and security. He stressed economic cooperation and resolving colonies and raw material access as essential, linking security to jus tice and stability for business planning. The remarks echoed Roosevelt's call to remove injustices.
MENTIONED IN THIS ARTICLE
Philadelphia
Hans Heinrich Dieckhoff
United States
Foreign Policy Association
Roosevelt
Chicago
Smoak Faces Death Row Maintains Innocence
Edgar LeRoy Smoak sits on death row in North Carolina denying murder in the poisoning of his high school daughter Annie Thelma Smoak. His lawyer William L. Farmer warned of a two week timeline as the condemned man maintains steadiness and faith, saying he never harmed anyone.
MENTIONED IN THIS ARTICLE
Raleigh
Edgar Leroy Smoak
Annie Thelma Smoak
William L. Farmer
Mr. Farmer
Smoak
North Carolina
New Hanover
Bill
State's Prison
Supreme Court
Also Mentioned on This Page
Meen
Jers
France
Madrid
Valencia
Spain
Malaga
Cartagena
Almeria
Miles Joe
Mediterranean
Endymion
Capre
Barcelona
OTL
Roger Kegg
Akron
Young Kegg
Kegg
George Wells
Wells
Emry CC. Green
Elon
Robert B. Brown
Oberlin Graduate School of Theology
Elon College
Irene Dunne
Cary Grant
Cary
Lucy
Nazi Germany
Germany
Julian Bryan
Andy Clyde
Pictorial Review
Rascal
Lonesome Pine
Cupid's
Spanky McFarland
Alfalfa
Switzer Phillips Holmes
Rosina Lawrence IN
William Powell
Myrna Loy
Ziegfeld
Dorothy Lam
Jungle
Buck Jones
Enterprise Bureau
Bir Walter Hotel
Henry Averill
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